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Popular Articles

MP govt to attract investors in agri-processing sector
Tardy and lengthy documentation process, costly power and under-developed infrastructure plague the state’s industrial scenario, but the Madhya Pradesh government will perform its ritual of attracting investment this year too, although the focus has now been shifted from core sectors to only agri-processing sector.

DoT asks Cab Secy to expedite vacation of airwaves by defence
The telecom department has written to the Cabinet Secretary seeking expeditious vacation of airwaves held by the defence forces so that the exact availability of 3G spectrum is known before the auction scheduled for December 7 takes place.

News of the day

Japanese peace treaty
Japanese firms may be very competitive but they also understand the virtues of collaboration. At a recent press conference by Sony, the company’s managing director started his presentation by pointing out that both Sony and Nikon were supposed to have press conferences at the same time. “But we realised many of you cannot be at the same place at the same time … Since the MD of Nikon is a very good friend of mine, we sat down and found a way out. They have shifted the conference to an hour and a half after ours. So you can attend this presentation in peace, ask questions, and then head for the Nikon conference.” Nikon, for its part, arranged coaches to facilitate the transit.
Small Business

Asian markets have a weak day

The Asian markets ended on a weak note. The Hang Seng dropped 171 points (0.8%) to 21,175 and Nikkei shed 21 points (0.2%) at 10,142. Jan cement sales in high double-digit The Shanghai Composite slipped 65 points (2%) to 3,113 and the Straits Times shed 8 points (0.3%) at 2,804. The Seoul Composite and Taiwan Weighted closed flat. ______________________________________________ (Updated at 1129 am) Asian markets continue to trade weak, albeit off the day"s lows. The Hang Seng has dropped 162 points (0.7%) to 21,185 and the Nikkei has shed 12 points (0.1%) at 10,151. The Shanghai Composite has slipped 36 points (1.1%) to 3,142. The Straits Times is down 23 points (0.8%) at 2,789. The Seoul Composite and the Taiwan Weighted are trading flat. _____________________________________________ (Updated at 0821 am) Asian markets have opened weak this morning following cues from US indices. The Hang Seng has dropped 194 points (1%) to 21,154. The Nikkei has shed 104 points (1%) at 10,060. The Shanghai Composite has slipped 45 points (1.5%) to 3,134. The Straits Times is down 20 points (0.70%) at 2,793. The Seoul Composite and the Taiwan Weighted are trading flat.


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